In 2013, 53% of business owners gave a holiday gift to their employees. A 2014 s

Question

In 2013, 53% of business owners gave a holiday gift to their employees. A 2014 survey of 43 business owners indicated that 38% plan to provide a holiday gift to their employees. Is there reason to believe the proportion of business owners providing gifts has decreased at a(alpha) =0.1?  

For the hypothesis stated above

a. What is the critical value(S)

b. What is the test Statistic

c. What is the conclusion

PLEASE HELP SOLVE!! THANK YOU. PLEASE NOTE IN NUMBER 3: ITS EITHER TISETC OR TINSETC P (<,>, OR GREATER/LESS THAN/EQUAL TO) AND THE GREEN AREA IS P.CARRY ALL DECIMALS UNTIL ANSWER IS REACHED! :)

Calibri Da Copy or Format Painter | E 1 H- General Paste Copy . Formatting Table Clipboard Font Alignment Number 128 10 12I Note: Answer the Question(s) by Using the TH30XA Calculator IMPORTANT: Make sure you canry all decirnals until you reach your answer, thesn round so four decirnala. 13 14 15 16 In 2013, 53% of business owners gave a holiday gift to their employees. A 2014 survey of 43 business owners indicated that 38% plan to provide a holiday gift to their employees. Is there reason to believe the proportion of business owners providing gifts has decreased at a:0.17(See exercise 40 on page 418 of your textbook for a similar problem.) l 19 20 21 23 For the hypothesis stated above.. 24 25 26 27 28 Question 1What is/are the critical value(s)? Question 2 What is the test statistic? Question 3 What is the conclusion? 29 30 31 32 Daily Problem Ready

Explanation / Answer

a) critical value =    -1.281551

b) test Statistic = -1.97

c) since the test statistic less than critical value reject null hypothesis.

   The P-Value is .055456. or   .027728

The result is significant at p < .10.

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